May I Trade-In a car I’m Presently Making Repayments On? Could you Trade In a car that is leased Another Lease? It depends. Dependent on what your location is at in your rent term, it might not be economically advantageous to perform therefore. Working together with your dealership, they could become your liaison using the rent business to calculate exactly what your agreement obligations are to see if it’s wise to payout your obligations or move it into the brand new rent. The renting business might not be happy to undertake easy loans extortionate debt and reject the brand new rent.